Section image

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Notes 32-40

39. Equity share owners’ funds

Movements during the year were as follows:

  Ordinary
share
capital
£m
Share
premium
account
£m
Shares
to be
issued
£m
Own
shares
£m
Profit
and loss
account
£m
1 January 2010 125.6 12.6 5.5 (9.5) 4,161.7
Ordinary shares issued 0.8 41.9 (2.4) 2.1
Dividends paid (13.4)
Loss for the year (31.9)
Equity granted to employees of subsidiaries 70.4
Treasury share utilisation 1.0 (1.0)
31 December 2010 126.4 54.5 3.1 (8.5) 4,187.9

Reconciliation of movements in equity share owners’ funds for the year ended 31 December 2010:

  2010
£m
2009
£m
Loss for the year (31.9) (22.3)
Equity granted to employees of subsidiaries 70.4 54.9
Other ordinary shares issued 42.4 3.5
Transfer from investments (1.5)
Dividends paid (13.4) (22.3)
Treasury share additions (9.5)
Net additions to equity share owners’ funds 67.5 2.8
Opening equity share owners’ funds 4,295.9 4,293.1
Closing equity share owners’ funds 4,363.4 4,295.9

At 31 December 2010 the Company’s distributable reserves amounted to £4,055.4 million (2009: £4,099.6 million). Further details of the Company’s share capital are shown in note 26.